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Mastech Digital, Inc. 8-K Filings

MHH NYSE

Every 8-K that Mastech Digital, Inc. (MHH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow MHH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MHH filings page.

Rhea-AI Summary

Mastech Digital, Inc. granted its Chief Financial and Operations Officer, Kannan Sugantharaman, a total of 20,000 restricted stock units (RSUs) on August 10, 2026 pursuant to a Restricted Stock Unit Agreement. The RSUs vest in three equal annual tranches: 6,667 RSUs on the first anniversary of the grant date, an additional 6,667 RSUs on the second anniversary, and the remaining 6,666 RSUs on the third anniversary. The full terms are contained in the Restricted Stock Unit Agreement filed as Exhibit 10.1.

Rhea-AI Summary

Mastech Digital, Inc. reported second‑quarter 2026 revenues of $41.4 million, down 15.6% from the prior year but up 0.9% sequentially. Gross margin was 29.0%, compared with 28.1% a year earlier. GAAP results were a small net loss of $0.1 million, or $(0.01) per diluted share, while non‑GAAP net income was $0.976 million, or $0.08 per diluted share.

Data & AI revenues were $13,484 thousand, down 14.4% year over year but up 7.2% sequential, with bookings higher than in 2025. Talent revenues were $27,963 thousand, down 16.2% year over year and 1.9% sequential, reflecting client insourcing and exits from lower‑margin roles. Liquidity totaled $56.0 million, including $35.6 million in cash and $20.4 million of credit facility capacity, with no bank debt.

On August 1, 2026, CEO Nirav Patel received 50,000 restricted stock units, vesting in three annual installments beginning one year after grant. The board also adopted Second Amended and Restated Bylaws aligning with Pennsylvania corporate law, adding exclusive forum provisions and confirming board authority to amend the bylaws.

Rhea-AI Summary

Mastech Digital, Inc. reported results of its annual shareholder meeting held on May 13, 2026. Shareholders approved a Second Amendment to the company’s Stock Incentive Plan to allow the issuance of restricted stock units (RSUs), expanding the forms of equity compensation available.

Two Class III directors, Arun Nayar and Srinivas Kandula, were elected to three-year terms. Shareholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. The Second Amendment to the plan is filed as Exhibit 10.1 and is incorporated by reference.

Rhea-AI Summary

Mastech Digital, Inc. reported first quarter 2026 results showing lower revenue but improved profitability as it realigns around its new Talent and Data & AI segments. Revenue was $41.1M, down 15% year over year, with Data & AI revenue down 21% and Talent revenue down 11.8%, reflecting cautious client spending and deliberate exits from lower-margin work.

Despite the softer top line, GAAP net income improved to $0.3M, or $0.02 per diluted share, compared with a loss of $1.4M a year earlier. Non-GAAP net income rose to $1.3M, or $0.11 per diluted share, up from $0.06, helped by lower selling, general and administrative expenses and contributions from the EDGE cost-efficiency initiative.

The company completed a business realignment effective January 1, 2026, now reporting under Talent and Data & AI to support its AI-led strategy. Liquidity remained solid, with $54.9M as of March 31, 2026, including cash of $33.6M and $21.3M of undrawn credit, and no bank debt.

Rhea-AI Summary

Mastech Digital, Inc. amended a prior report to add a Restricted Stock Agreement with its Chief Executive Officer and President, Nirav Patel, covering his 2025 performance bonus. For 2025, Mr. Patel earned a bonus of $616,932, which he agreed to receive as restricted shares instead of cash.

The Compensation Committee used a 30‑day volume‑weighted average price of $6.15 per share, resulting in 100,314 restricted shares that vest immediately. Mr. Patel is prohibited from disposing of these shares until March 30, 2028, unless restrictions lapse earlier due to separation, death, or disability.

Rhea-AI Summary

Mastech Digital, Inc. disclosed that CEO and President Nirav Patel’s 2025 annual performance bonus will be paid entirely in company stock instead of cash. For 2025, Mr. Patel earned a performance bonus of $616,932.00.

The Compensation Committee converted this amount into equity using a 30‑day volume‑weighted average price of $6.15 per share, resulting in 100,314 restricted shares that vest immediately. Although vested, these shares cannot be disposed of until March 30, 2028, unless restrictions lapse earlier upon separation from the company, death, or disability.

The arrangement is documented in a Restricted Stock Agreement dated March 30, 2026, which works alongside Mr. Patel’s existing Executive Employment Agreement governing his eligibility for annual performance bonuses based on Board‑determined performance goals.

Rhea-AI Summary

Mastech Digital, Inc. entered into a new office lease with EPC-CW15, LLC for space at 3300 Olympus Boulevard, Suite 560, Dallas, Texas. The lease covers approximately 5,895 square feet.

The initial term starts on August 24, 2026 (or later as specified) and runs for five years after a five-month rent abatement period, with one optional five-year renewal. Monthly base rent begins at $18,176.25 for months 1–12 (after the abatement) and steps up to $20,259.15 in months 49–60. Mastech Digital will also pay its pro rata share of property, operating, and maintenance expenses.

Rhea-AI Summary

Mastech Digital reported softer results for the fourth quarter and full year 2025 but highlighted operational progress and a new capital return plan. Fourth-quarter revenue was $45.5 million, down 10.4% year over year, with Data and Analytics Services at $7.8 million and IT Staffing Services at $37.7 million. Gross margin was 28.3%. GAAP net income rose to $1.0 million, while non-GAAP net income was $2.5 million.

For 2025, revenue was $191.4 million, down 3.8% from 2024. GAAP net income declined to $0.6 million, but non-GAAP net income held steady at $8.6 million, supported by adjustments for amortization, stock-based compensation, severance, and finance and accounting transition expenses. The Board authorized a new $5,000,000 share repurchase program, and the company repurchased 299,523 shares in 2025 for about $2.2 million under a prior program, signaling ongoing buybacks alongside its EDGE transformation initiative.

Rhea-AI Summary

Mastech Digital, Inc. reported that its Audit Committee approved the dismissal of UHY LLP as its independent registered public accounting firm, effective after UHY completes the audit and issues its reports on the company’s consolidated financial statements for the year ending December 31, 2025. UHY’s prior audit reports for 2023 and 2024 contained no adverse opinions or disclaimers and were not qualified or modified for uncertainty, scope, or accounting principles. The company states there were no disagreements or reportable events with UHY over accounting, disclosure, or audit procedures during those years and interim periods.

On the same date, the Audit Committee approved the engagement of BDO India Services Private Limited as the new independent registered public accounting firm for the fiscal year ending December 31, 2026 and related interim periods. The company explains that it did not consult BDO India in advance on accounting principles, potential audit opinions, or any issues involving disagreements or reportable events.

Rhea-AI Summary

Mastech Digital, Inc. filed a current report to let investors know it has released its financial results for the third quarter ended September 30, 2025. The company announced that these results were shared in a press release dated November 12, 2025, which is included as an exhibit to the report. This filing functions mainly as a notice that the detailed quarterly figures and commentary are available in that press release, rather than providing the specific numbers itself.

Rhea-AI Summary

Mastech Digital, Inc. reported its financial results for the second quarter ended June 30, 2025 and furnished them in a press release. The company disclosed that the press release, dated August 13, 2025, is attached as Exhibit 99.1 to this report and incorporated by reference. The information is being furnished under the securities laws rather than filed, which affects how it is treated for certain liability and incorporation purposes.